The FMAA® (Financial and Managerial Accounting Associate) is an entry-level professional certification issued by the Institute of Management Accountants (IMA). It is designed to validate foundational knowledge in financial accounting, managerial accounting, budgeting, cost management, performance measurement, and professional ethics.

The FMAA serves as a strong career entry credential for students and early-career professionals and provides a structured pathway toward advanced IMA certifications, particularly the CMA. The certification exam is a 2-hour, 80-question multiple-choice exam, available in Arabic and English, with no prior eligibility requirements.

Who Should Attend

This program is ideal for:

• University and college students (accounting, finance, business majors)
• Fresh graduates seeking a globally recognized accounting credential
• Early-career accounting and finance professionals
• Junior accountants and accounting assistants
• Business professionals from non-finance backgrounds (HR, operations, marketing, business owners)
• Candidates planning to pursue CMA® in the future

Learning Outcomes

By the end of this program, participants will be able to:

• Explain fundamental financial and managerial accounting concepts
• Prepare and interpret basic financial statements
• Apply budgeting and planning techniques in business settings
• Understand cost behavior and basic cost management methods
• Use performance metrics to support managerial decisions
• Apply ethical principles in accounting and business environments
• Confidently sit for and pass the FMAA® exam
   

Exam Facts

• Exam Format: 2 hours – 80 MCQs
• Language: Arabic & English
• Eligibility: None
• Recommended Preparation Time: ~50 hours
• Passing Score: 200 out of 300
• Exam Fee: USD 299
• Annual CPE Requirement: 15 hours (1 ethics hour)
• Annual Renewal Fee: USD 49